Reported 1 day ago
Recent inflation data shows that the tariffs imposed by President Trump are beginning to affect consumer prices, particularly in categories like appliances, sporting goods, and toys. As importers pass on the costs of higher tariffs to customers, economists expect the inflation rate to rise further. The average tax on imports has increased significantly under Trump, and while some price changes have been modest, the overall trend suggests that consumers may soon experience more noticeable price hikes.
Source: YAHOO